The Supervisory Board expresses deep satisfaction with the progress made and has reached the conclusion that the technical specifications of the A3XX family have been achieved according to airline requirements. The economical viability has also been confirmed.
Agreements with new participants have to be finalized along with the completion of the negotiations on loan facilities with the European governments in line with the Large Commercial Aircraft Agreement of 1992. The detailed set-up of the Final Assembly Line between two highly qualified sites inside the Airbus system has to be finally worked out.
The Supervisory Board of Airbus Industrie has therefore decided to authorize the Airbus management to approach airlines interested in the A3XX family at top level to get clear indication about the commitment of the airlines to the A3XX versions, quantity in demand and timing.
Further decisions will be taken in the first half of the year 2000 as a consequence of the information and guidance received from the market, with a view to confirming EIS in 2005.
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The Supervisory Board Of Airbus Industrie Has Reviewed The A3XX Program.
